An industry proverb held that "there are two sorts of rental auto organizations: those that lose cash and Enterprise." The organization that would get to be Enterprise Rent-A-Car was begun in 1957 in St. Louis, Missouri, by Jack Taylor. Taylor set up Enterprise workplaces in neighborhoods as opposed to at air terminals in light of the fact that he trusted that Americans would welcome a nearby alternative for leasing autos when their own vehicles were being repaired. In 2010 Enterprise had more than 6,000 rental areas in the United States and an armada of 850,000 autos in administration. Its guardian, Enterprise Holdings (including Enterprise, National, and Alamo brands) represented almost 50% of the auto rental market and was more than double the measure of Hertz, the number two contender. Venture's upper hand was the consequence of the blend of its practices in enlisting, preparing, remuneration, association, client administration, IT, and armada administration, among others.
Introduction
Company Assessment
Strategic Challenges Faced by Enterprise
Strategic Recommendations
Industry Structure
Airport Competition
Willingness to Pay
Type of Competitor
Competitor Reactions
High turnover rates
Conclusion